Member Info for Uggy100

The divi is rather irrelevant really. What we need is a higher sp after the destruction wrought on it by the useless twins.

wiltshire I'm not sure who your post is aimed at but the question is many of us feel trappdd by the sp & would exit if the sp rises to an acceptable level I'm sure. Question for you is do you believe S&S are capable ?

Rathlin do not have the funds to pay for their share of the next drills costs, we have a 50% plus holding in them. If we don't help them out & they have to raise elsewhere it would prolly be at a substantial discout to their current value thereby effectively diluting us hugely. RememberRathlin is a 1 trick pony so raising funds will be extremely difficult. If Shell were remotrly interested they would have made a move by now. As for tne rest of the licences C had if Shell were interested in them we wouldn't have had a sniff. The 2 boy blunders couldn't sort out a pee up in a brewery & appear to be so clueless its rather frightening.

moniman, not til the balance of funds from Shell are received so towards the end of the year. Even then I'm not sure how they can do it with the cost of WN & we may have to bail out Rathlin. There's been no clarity so it could be just smoke & mirrors.

Pboo the last RNS shows that production isn't dropping.

Sorry I was talking about the next well which I'm sure Shell will want to do.

Manwell I'm assuming the Pensicola appraisal well would be a sidetrack.

Very funny P1 !

We don't know yet jf its commercial. Think they'll want to drill in the sweet spot first.

True !

I doubt it moniman.

Oh & re the gas being nailed on, I remember that plus the substantial oil play beneath which has conveniently been airbrushed out recently (as has Parta & Cali).

Snaffle, I remain invssted here simply because I believe the sp is undervalued atm. I decided some time ago that I would stay till WN but have become increasingly concerned by the 2 idiots behaviour & desire to hide as much as possible from their shareholders. I think smug is an understatement, I once believed in their business plan which, if carried out by competent people , should have worked. Alas they are so clearly not up to the job.
As for deemule he blocks anyone who doesn' toe the line. Hardly a problem for me.

Alas Snip they're proving themselves to be exactly that......a tinpot company. Utterly useless.

The 'de-risking' next step is the BFS, due q4 2022 but delayed with a promise by the new Chairman that we would be updated on progress in that quarter. So we're neaarly halfway through q1 23 & we still hear nothing ! Not very impressive is it.

They have no concept of honour or integrity as has been made clear by the lengths they have gone to to keep their snouts firmly in the trough.
They have made no comments on Parta for an age now despite being pushed on the question by some. Similar with Cali.
They won't step down they need to be removed by shareholder action. We had that chance last year & blew it, mainly by apathy from shareholders I suspect. A golden opportunity to get rid of the trash.

If the market believes there is a massive disconnect to value someone would have snapped us up by now. Too many drags on this share, cali & Parta plus issues on the funding for Rathlin. Until there is more clarity the sp will remain in the doldrums. Over to the dynamic duo now to fess up, which they won't.

Well it's a no from me !

Just another lie on timings by a pair who have history. They're spiralling out of control & taking the sp with them.
I see Mike Walters has appologized to his followers for tipping this dog & thinks the 2 fools should too.

Tony, the 2 detestable creatures running this co. have a history of distorting the truth or even àirbrushing things out completely. We can see they are already distancing themselves from Parta & Cali by the look of things & they seem to think they can lie with impunity. Their stewardship has been a littany of failures & half truths. This is the reason the sp is where it is. It's no wonder Mike Walters appologised for tipping this dog & suggested the 2 dimwits do the same.
They have done irreversible damage to this company by their dreadful decision making & execution.
I think they have to go & quick.